Today we will analyze the stock TIANJIN DEVL (TJN.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in TIANJIN DEVL (TJN.MU)
1- Last bullish trend was from 0.34 $ (4/3/2012) to 0.36 $ (4/24/2012) a 0.02 $ move 2- The current bearish trend started from 0.36 $ at 4/24/2012 and is currently trading at 0.35 $.
3- TJN.MU current support level is at 0.35 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
4- TJN.MU current resistance level is at 0.35 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
TIANJIN DEVL (TJN.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.360 and 0.410 that was broken up at 0.350 transforming into a supporting line.
TIANJIN DEVL (TJN.MU) Mid term stock chart patterns for internet stock trading :

None.
TIANJIN DEVL (TJN.MU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
TIANJIN DEVL (TJN.MU) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.350, 0.352, 0.354, 0.355, 0.355, 0.356, 0.360,.
Stock Support levels : 0.348, 0.344, 0.340, 0.335,.